Question 19 5 Points cash reserve - emergency funds and a pool of cash resources. (Which of the following is incorrect). A -Allowing enough time for product development before end of year sales can cause more discounts for customers. B Having a cash reserve will also allow you to take advantage of opportunities. Entrepreneurs must be prepared for the unexpected; the only good surprise is no surprise. The reserve will provide a moderate cushion of protection if you need it. Question 20 5 Points Open a checking account to use only for your business "It is inadvisable to comingle your personal and business funds, regardless of your business type or size. Two key things to remember (Choose one) Have customers deposit money in a trust account so that you can use these funds to pay yourself. BOnly use cash in savings for starting a business. Avoid using cash for business. D) Only use a loan for a business at the bank it friends or family will not lend you money